Manufacturing Financial News

05.01 / 10:11

markets UPS Digital Manufacturing Strategy PAM Govt should lower GST on cement at 18 pc, frame policy to boost demand: JK Lakshmi

cement to 18 per cent from 28 per cent and take some policy measures in the upcoming Budget to boost consumption of this key building material, a senior official of JK Lakshmi Cement said. In an interview with PTI, Arun Shukla, President and Director of JK Lakshmi Cement, said there is a case to increase cement manufacturing capacity in India to meet the rising demand, which is expected to grow at an average annual rate of 7-8 per cent.

05.01 / 10:11

markets Digital Manufacturing Strategy Experts PAM 2020 Govt to launch another round of PLI scheme for steel sector on Monday

production-linked incentive scheme for the steel sector on Monday. The 'PLI scheme 1.1' will be launched by the steel minister H D Kumaraswamy.

05.01 / 06:11

Manufacturing Mobile Apple Software trends Trade travelers India’s services sector goods exports software services IT industry Apple forex Wipro

Subscribe to enjoy similar stories. Preliminary data indicates that India’s services exports exceeded its goods exports for November 2024. Services exports clocked in at $35.7 billion this month—about $3 billion more than goods exports.

05.01 / 05:55

MET Manufacturing security Food Sony fun innovations Meet new Shark Tank judge Viraj Bahl! From selling his house to fund his startup to creating Rs 1,000 empire, a look at his entrepreneurial journey

Sony Liv from January 6. This season welcomes a new judge, Viraj Bahl, founder and managing director of Veeba Foods, who joins the established panel of Aman Gupta, Anupam Mittal, Namita Thapar, Vineeta Singh, and Peyush Bansal.

05.01 / 05:55

markets COST UPS Manufacturing Strategy PAM A ‘Made in China’ crisis awaits big auto

Jaguar’s “copy nothing” brand reboot hit late last year, one self-styled car enthusiast replied on X: “What the actual hell is this.” Jaguar’s response: “The future.” That remains to be seen. But the ad, unfamiliar and unsettling, does at least work as a portent of what’s coming for the global auto industry.

05.01 / 05:21

markets UPS Manufacturing Analysis economy Trade Experts Gold ends with weekly gains on China's economy concerns, fund flows

The metal gained upward traction on new year fund inflows and concerns about the Chinese economy as China’s manufacturing PMI disappointed. It peaked at $2665 on better-than-expected US ISM manufacturing PMI.

04.01 / 17:33

markets UPS Manufacturing Platform Strategy country Defence Ministry prioritises capabilities after 2024 production and export peaks

defence ministry will be focusing sharply on capability enhancement of the armed forces in 2025, with several major inductions planned and contracts to be signed.

04.01 / 13:09

markets Manufacturing Airlines Strategy Boeing PAM Committed to turning Air India into top-class airline, says Tata Sons chairman Chandrasekaran

Tata Sons Chairman N Chandrasekaran on Saturday said his company is fully committed to transforming Air India into a top-class airline, delivering exceptional service and performance on a global scale. Tata Group acquired Air India in 2022 after the government had signed a share purchase agreement with Tata Sons for the sale of Air India for Rs 18,000 crore.

04.01 / 09:01

markets Manufacturing CEO NVIDIA AMD innovations reports Intel’s problems are even worse than you’ve heard

Subscribe to enjoy similar stories. You may think you know how much Intel is struggling, but the reality is worse. The once-mighty American innovation powerhouse is losing market share in multiple areas that are critical to its profitability.

04.01 / 06:41

Target Manufacturing economy pandemic country budget 2025 Budget 2025 preview — Part 1: Fiscal deficit, FDI, disinvestment, energy issues

Subscribe to enjoy similar stories. Foreign direct investment (FDI) inflows into India—investments by foreign entities in domestic businesses—hold the potential to transform the economy. They act as a catalyst for enhancing competitiveness and channel much-needed capital into underinvested sectors, such as semiconductors, where domestic companies have been hesitant to venture.

04.01 / 01:21

markets FIVE Manufacturing Death Universities Pharmaceuticals Parvinder Singh: The pharma visionary whose legacy lies in tatters

Subscribe to enjoy similar stories. Before his sons dismantled the company he had meticulously built, tarnishing the reputation of a proud business dynasty, Parvinder “Pammi" Singh was regarded as a legend in Indian business. Unlike first-generation entrepreneurs, Parvinder inherited Ranbaxy—a modest pharma business his father, Bhai Mohan Singh, had acquired from its founders, Ranbir Singh and Gurbax Singh.

03.01 / 15:55

Manufacturing security Analysis Trade Experts band Pharmaceuticals Ahead of IPO, Standard Glass raises Rs 123 crore from anchor investors

ICICI Prudential Mutual Fund (MF), Kotak MF, Tata MF, Motilal Oswal MF, 3P Investment Managers, Kotak Infinity Fund — Class AC, ITI MF, Massachusetts Institute of Technology, Amansa Holdings, and Clarus Capital were anchor investors, according to a circular uploaded on BSE website. According to the circular, Standard Glass Lining Technology Ltd has allotted 87.86 lakh shares to 10 entities at Rs 140 per equity share, which is also the upper end of the price band. This aggregates the transaction size to Rs 123.01 crore.

03.01 / 15:43

Manufacturing Sustainability Hyundai WhatsApp prevention Hyundai Motor transports 26% domestic sales volume by rail freight in 2024

Hyundai Motor India has transported 1,56,724 units using rail freight in 2024, accounting for 26 per cent of the domestic wholesale volume made last year, the company said on Friday. Through this initiative, the company achieved a reduction of 18,352 tonne of carbon-di-oxide emission in 2024, by efficient utilisation of the rail network. The company, in 2024, also achieved one hundred per cent dispatch of its vehicles to the North-East region through rail freight.

03.01 / 13:33

markets UPS IPO Manufacturing Analysis Trade Experts Rajputana Stainless files draft papers with Sebi to mobilise funds via IPO

capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is a combination of fresh issuance of up to 1.9 crore equity shares and an Offer-For-Sale of up to 35 lakh shares by promoter Shankarlal Deepchand Mehta, according to the Draft Red Herring Prospectus (DRHP) filed on December 30. The aggregate shareholding of the promoters and promoter group of Rajputana Stainless is at 78.21 per cent, while public shareholders have a 21.79 per cent stake.

03.01 / 12:37

Aviat Manufacturing Airlines Boeing track reports prevention Boeing adds more surprise quality checks in its factories

Subscribe to enjoy similar stories. Boeing is conducting more surprise inspections at its factories as part of a broader plan to prevent manufacturing snafus like the one that led to a jet-panel blowout on an Alaska Air flight a year ago. The jet maker outlined on Friday more than a dozen steps it has taken in recent months to tackle a manufacturing quality crisis that has forced Boeing to slow production and has put it under the microscope of federal regulators.

03.01 / 11:13

markets COST UPS Manufacturing 2020 reports Natural diamonds had a rough year—some hope to restore their shine

Subscribe to enjoy similar stories. Natural diamonds are losing their sparkle. What will it take to restore it? After a postpandemic surge in demand in 2021 and 2022, natural-diamond prices are down about 8% compared with the first quarter of 2020, while lab-grown diamond prices are down 75%, according to data from diamond-industry analyst Paul Zimnisky.

03.01 / 07:55

markets UPS Manufacturing Sustainability Trade performer reports These five fundamentally strong auto stocks are down up to 50% from their highs. Should you invest?

Subscribe to enjoy similar stories. The Indian auto industry's performance is widely tracked, with millions of vehicles including trucks, buses, cars, three-wheelers, scooters and bikes sold every year. India is the world’s second-largest manufacturer of two-wheelers, third-largest manufacturer of passenger cars, and largest manufacturer of three-wheelers.

03.01 / 06:53

markets UPS FIVE Manufacturing awards Waaree Renewable’s growth momentum may persist with the big order win

Subscribe to enjoy similar stories. Waaree Renewable Technologies Ltd’s shares are up about 10% this week after it said it had received an order for a two-gigawatt (GW) solar project from Jindal Renewables. The order, higher than its cumulative backlog of 1.7GW at September-end, is the largest received by the solar EPC (engineering, procurement and construction) company so far and establishes its position as a gigawatt-scale project execution player.

03.01 / 00:17

markets UPS Manufacturing Southern Food Interviews Heritage Foods eyes expansion, launch of more value-added dairy products

Subscribe to enjoy similar stories. New Delhi: Heritage Foods plans to expand beyond South India, where it draws the bulk of its revenue from, and launch more value-added dairy products as demand for such items grows, a top official of the Hyderabad-based dairy company said. “Our core markets are the Telugu-speaking states.

03.01 / 00:13

markets Progressive Manufacturing Trade performer recommendations Updates Stocks to buy: Two stock recommendations from MarketSmith India for 3 January

Subscribe to enjoy similar stories. Nifty50 reclaimed 24,150 on the weekly F&O expiry sessions and gained around 446 points on Thursday. The index started the session on a muted note at 23,783.

02.01 / 14:25

markets UPS Citi Manufacturing Enterprise Trade cover Quick commerce is rocketing. So, are kiranas on the way out?

Subscribe to enjoy similar stories. New Delhi: In little more than a couple of years, quick commerce has turned into the great hope of India’s startup landscape. Zomato, Zepto and Swiggy dominate, even as Big Basket, Amazon and others are trying to muscle in.

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